Posted 4 years ago on Dec. 7, 2012, 11:44 a.m. EST by richardkentgates
(3269)
This content is user submitted and not an official statement

Aside from the control the 1% has over public & US monetary policy, they are also deadbeat employers, forcing their cost of business back onto the very people they pay shit wages to. This is extortion, and it's happening right in front of you.

You can try all you like to attach this issue to unrelated bullshit but it stands alone as the harshest enforcer of poverty. Inflation has been used for 40 years to financially oppress the working class. The printing of money causes inflation by any economic standard, though I'm sure you'll try to lie and say the opposite. The money they are printing does not go to the government or any public works project. The Fed has printed and handed over to the investment banks 3+ trillion dollars since the bailouts and will continue the handouts until further notice. You have no interest in the 99% and you confirm that with your every word.

From a human standpoint, a corporation has to be really good before working for them can be justified.

Aside from that, we are far better off in every way, returning to as much independence from them as we can find.

In all, Article V will be the only way to address the US monetary policy AND corporate personhood. Many other serious problems, official acts of malfeasance needs reversing as well, and Article V is the only possible way the needed levels of authority can be summoned.

Why barely anyone on this forum questions monetary policy that's sole purpose has been giving unlimited resources to Wall Street and the big banks is beyond me. In one year they gave over a trillion to Bank of America. That's just one example.

Considering monetary policy could be reformed and used for real job creation through the creation of real wealth like infrastructure, people should really pay attention.

"Feel free to take a look at it yourself, it's right here. It documents Wall Street bailouts by the Fed that dwarf the $700 billion TARP, and everything else you've heard about.

I wouldn't want anyone to think that I'm dramatizing or amplifying what this GAO report says, so I'm just going to list some of my favorite parts, by page number.

Page 131 - The total lending for the Fed's "broad-based emergency programs" was $16,115,000,000,000. That's right, more than $16 trillion. The four largest recipients, Citigroup, Morgan Stanley, Merrill Lynch and Bank of America, received more than a trillion dollars each. " - Alan Grayson

And all of that before QE1, which was an additional 1.25 trillion. Then 600 billion for QE2. Now 40 billion per month, until further notice, which will add up very quickly. Then there is operation twist, so far also over 1 trillion. So we are at what, 20+ trillion, all to the investment banks. The Fed could have given every US citizen $64,000, still spent less, and oh boy what the economy would look like with that kind of demand. All they would have had to do is let the 1% go broke. Let the too-big banks fail, as they damn well should have. $64,000, how many new businesses could have been started? How many new US made cars would have been purchased? How many imported products would have been bought, stimulating the world economy. But instead, 400 people are some how more valuable than every economy and person on the planet. How's that for class warfare.